Background*

Mr. Carlo Pesenti serves as the Chief Executive Officer of AXIM Concrete Technologies Inc. Mr. Pesenti serves as the Chief Executive Officer and General Manager of Efiparind BV. He has been the Chief Operating Officer of Italmobiliare SpA since May 2001 and serves as its General Manager. He serves as a Vice President of Calcestruzzi S.p.A. (Italy); Poligrafici Editoriale SPA (Italy); SES – Società Editrice Sicilia SPA (Italy); and Società del Gres SPA (Italy). He has ... been the Chief Executive Officer of Italcementi SPA since May 2004. Mr. Pesenti serves as Chairman of Intertrading S.R.L. (Italy). He served as Co-Chairman of the Italy-Egypt Business Council and CSI (Cement Sustainability Initiative) from 2006 to 2008. He serves as Vice Chairman of BravoSolution S.p.A. He has been a Deputy Chairman of Ciments Francais SA, since 2007. Mr. Pesenti serves as a Director of Banche Popolari Unite, and Unicredito Italiano S.p.A. He has been a Director of Italmobiliare SPA since June 17, 1999. He has been a Director of Ciments Francais SA since 1998. He has been a Director of Italcementi SPA since June 29, 2013. He serves as a Director at BPU Banca, COMIT (Banca Commerciale Italiana SPA), Punta Ala Promozione e Sviluppo Immobiliare S.r.l. (Italy) SESAAB SPA (Italy); Newco.com SPA, Banca Popolare di Bergamo - Credito Varesino S.c.r.l and HDP - Holding di Partecipazioni Industriali SPA. He served as a Director of Ambienta SGR S.p.A., ESSROC Cement Corp., Unione di Banche Italiane Scpa and Mediobanca Banca di Credito Finanziario S.p.A. (formerly Mediobanca S.p.A.) since October 28, 2002. He served as a Member of Supervisory Board of Mediobanca S.p.A. until August 2008. He served as a Director of RCS MediaGroup S.p.A (Also called as RCS MediaGroup) until April 17, 2014. Mr. Pesenti served as an Independent Director of UniCredit S.p.A. from December 16, 2005 to January 31, 2012. He served as a Member of Supervisory Board of KME Germany AG until March 3, 2005. He served as a Member of the Executive Committee of Confindustria, Unione Industriale (Industrial Union), Bergamo and WBCSD - World Business Council for Sustainable Development. He was appointed to the council of Confindustria (confederation of Italian industry) in 2003, and is also a member of the Board Italy- India Chief Executive Officer Forum. Mr. Pesenti holds a Masters in economics and management at Laurea in Ingegneria Meccanica and Master in Business and Management from Bocconi University. He holds Mechanical Engineering degree from Politecnico University of Milan.

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